15
See all 15 photos
$799,999
Est. payment /mo
5 Beds
4 Baths
New
3033 Richmond RD Britannia Heights - Queensway Terrace N And Area, ON K2B 6S6
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 6201 - Britannia Heights
MLS Listing ID X13106034
Style Bungalow
Bedrooms 5
Annual Tax Amount $5,040
Tax Year 2025
Property Sub-Type Duplex
Property Description
Imagine all the possibilities! This Walk-out Duplex, with upcoming MS1 Zoning sits on an expansive footprint and provides endless possibilities for high-density redevelopment. Whether your long-term vision involves severing the land into multiple lots, constructing modern stacked townhomes, or developing a large multi-unit complex, this lot serves as a blank slate for significant capital appreciation and intensification. In the short term, the property offers an immediate and reliable income stream to offset all carrying costs. The existing large bungalow is intelligently configured with a three-bedroom, two full bathroom(including master ensuite) upper unit ($2,200/month), while a secondary unit featuring its own private walkout entrance (2-bed, 1-bath) currently brings in $1,600/month. The third unit (Non-Conforming) brings in an additional $650/month. This setup allows you to service the mortgage while you finalize architectural plans and navigate the permitting process for its next use. Beyond the land itself, the value is anchored by unparalleled connectivity; with close proximity to the LRT and rapid transit, plus immediate access to both the 417 and 416, you can be at Parliament Hill or escape the city limits within ten minutes. Buyers are to do their own due diligence with regard to future development. 24 hours irrevocable on all offers. 24 hours notice is required for all showings. 3 bedrooms/1 kitchen above grade, 2 bedrooms/2 kitchens below grade. Some photos are digitally enhanced.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Apartment, Full
Kitchen 3
Interior
Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Available, Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Topography Flat,Level
Lot Frontage 100.0
Lot Depth 120.0
Total Parking Spaces 5
Building
Building Age 51-99
Unit Features Level,Park,Public Transit,Rec./Commun.Centre
Foundation Block
Others
ParcelsYN No
Listed by BENNETT PROPERTY SHOP REALTY
NEARBY SCHOOL & BUSINESS
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